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31 <br />GN - 150079 Specimen 457(b) Plan Document <br />GPLANLVL – CORRSPND Deferred Compensation Plan <br /> Ver 102011 <br />SECTION VIII <br />BENEFICIARY <br />8.1 Beneficiary Designation <br />A Participant has the right, by written notice filed with the Administrator, to designate one or <br />more beneficiaries to receive any benefits payable under the Plan in the event of the Participant ’s <br />death prior to the complete distribution of benefits. The Participant accepts and acknowledges <br />that he or she has the burden for executing and filing, with the Administrator, a proper <br />beneficiary designation form. <br />The form for this purpose shall be provided by the Administrator. The form is not val id until it is <br />signed, filed with the Administrator by the Participant, and accepted by the Administrator. Upon <br />the Participant filing the form and acceptance by the Administrator, the form revokes all <br />beneficiary designations filed prior to that date by t he Participant. <br />If no such designation is in effect upon the Participant ’s death, or if no designated Beneficiary <br />survives the Participant, the Beneficiary shall be the Participant ’s estate. If a Beneficiary dies <br />after becoming entitled to receive a distribution under the Plan but before distribution is made to <br />him or her in full the estate of the deceased Beneficiary shall be the Beneficiary as to the balance <br />of the distribution. <br />484